All News and Announcements
Top Two Solutions From the COVID-19 Financial Health Challenge
With support from MetLife Foundation, the UNCDF Financial Innovation Lab launched the COVID-19 Financial Health Challenge, focusing on solutions that can help build and improve financial health and resilience of individuals and small businesses.
Why Migrant Workers in Gulf Countries Are Sending Record Amount of Money Home
Overall, remittances to the Asia-Pacific region will drop 12 percent in the second half of 2020 compared with the same period last year, Fitch Ratings says.
Huawei Cooperates With Kenya Bankers Association To Expand Financial Inclusion
The Kenya Bankers Association will work with Huawei to spearhead industry-wide education in fintech innovation, digital transformation, and other ICT-related programs.
Symbiotics Launches INR 1,260 Million Bond To Finance Indian C&I Solar Developer Fourth Partner Energy Limited
Symbiotics has arranged its first bond, the proceeds of which are solely used to finance renewable energy projects.
IFC and MBA Work To Improve Access to Funding for Micro, Small and Medium Enterprises in Mongolia
A new agreement between IFC and the Mongolian Bankers Association will help improve access to funding for 200,000 micro, small and medium enterprises cumulatively over the next five years by developing a vibrant market for value chain finance in Mongolia.
ACI Worldwide Announces 2020 Innovation Award Winners, Recognizing Global Digital Payments Innovation
ACI Worldwide, a leading global provider of real-time digital payment software and solutions, announced the winners of the 2020 ACI Innovation Awards.
EFSE and ProCredit Bank Boost Financing for Ukrainian Agricultural Sector
UAH funding equivalent to EUR 20 million to be on-lent in local currency to small farmers and producers to support economic recovery during COVID-19 crisis.
IFC Updates CAFI Platform to Help Financial Institutions Measure Climate Impact
IFC has updated its first-of-a-kind online climate impact measurement platform to make it easier for financial institutions to assess the climate eligibility of their investments and estimate the development impact of their climate-related activities.
Undocumented Migrant Workers To Get Government Support for Returning Home
All the government repatriation schemes had excluded undocumented migrant workers, leaving them to languish in COVID-19 hit labor destination countries.
COVID-19 Drives African States Into Cashless Societies
According to a recent GSMA report, Sub-Saharan Africa is the enduring epicenter of mobile money, adding over 50 million registered accounts in 2019.